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Transactions - APRIL 26, 2021

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Davis Cos. and BDG JV to co-develop five-acre life sciences campus

by Andrea Zander

The Davis Cos. has closed on a joint venture agreement with Boston Development Group (BDG) to co-develop 66 Galen St., Phase 1 of a purpose-built class A life sciences campus in Watertown, Mass., located on a five-acre site.

When completed, it will include more than 450,000 square feet of research and lab space in two buildings. Phase I will break ground in May 2021.

Located on the highly visible Galen Street corridor connecting Watertown Square to the Massachusetts Turnpike/Interstate 90, 66 Galen Street provides 10-minute access to Downtown Boston and easy access to Kendall Square (15 minutes) via Interstate 90 or Soldiers Field Road. The site is easily accessible from a variety of desirable residential communities, including Boston’s urban core and its western suburbs.

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